Settlement that would free up land for A's stadium postponed

Oakland's Board of Port Commissioners postponed until next week approval of a legal settlement that could open waterfront property for a baseball stadium.

The board's attorney, Danny Wan, said during Thursday's board meeting that more time was needed to confirm the final legal documents. The board has scheduled a special meeting for 9 a.m. meeting Tuesday to consider the settlement.

The agreement would settle a lawsuit brought by SSA Terminals, which sued the Port of Oakland after a competitor got more generous terms at a different terminal. The settlement would relocate SSA from Howard Terminal under a more favorable longer term lease.

A's stadium boosters view the 50-acre terminal as a viable stadium site for the Oakland A's. The departure os SSA from the terminal would give the city and port control of the site to pitch for stadium and retail development.